Booking Holdings CEO Glenn Fogel appeared on ‘Squawk Box’ to talk about the company’s quarterly earnings, travel demand, consumer strength, the Biden administration’s new airline refund rules, and more. He discussed these topics in detail during the interview. Additionally, there were options to share the article on various social media platforms like Facebook, Twitter, LinkedIn, and Email using the buttons provided on the page.
Booking Holdings CEO Glenn Fogel recently appeared on CNBC’s ‘Squawk Box’ to discuss the company’s quarterly earnings results, travel demand, and other key topics relevant to the travel industry. During the interview, Fogel highlighted the strong recovery in travel demand that Booking Holdings has observed, particularly in the United States and Europe. He noted that the pent-up demand for travel is driving bookings, and that the company is seeing a significant uptick in both domestic and international travel.
Fogel also emphasized the resilience of the consumer, pointing to the strong growth in travel bookings that Booking Holdings has experienced despite the ongoing challenges posed by the COVID-19 pandemic. He highlighted the importance of flexibility and choice for consumers, noting that Booking Holdings has focused on providing options for travelers to change or cancel their plans as needed.
In addition to discussing the company’s quarterly performance, Fogel also addressed the Biden administration’s new rules regarding airline refunds. He expressed support for the administration’s efforts to ensure that passengers are treated fairly and receive timely refunds for cancelled flights. Fogel noted that Booking Holdings has always prioritized customer service and transparency, and that the company is committed to working with airlines to uphold these standards.
Overall, Fogel’s comments during the interview painted a positive picture of the travel industry’s recovery and highlighted Booking Holdings’ strong position in the market. Despite the challenges posed by the pandemic, the company remains optimistic about the future of travel and is focused on meeting the evolving needs of travelers in this new landscape.
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